OverviewSuggest Edit

Plaid is a financial technology company. It develops a digital platform that enables applications to connect with users’ bank accounts. The company builds the technical infrastructure APIs that connect consumers, traditional financial institutions, and developers, as well as provides access to financial data and analytics products.

TypePrivate
Founded2013
HQSan Francisco, CA, US
Websiteplaid.com
Employee Ratings4.5
Overall CultureC+

Latest Updates

Employees (est.) (Sept 2021)872(+7%)
Job Openings163
Revenue (Y, 2020)$170 M(+14%)
Cybersecurity ratingBMore

Key People/Management at Plaid

Zach Perret

Zach Perret

Co-Founder, CEO
Eric Sager

Eric Sager

COO
William Hockey

William Hockey

Co-Founder, CTO
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Plaid Office Locations

Plaid has offices in San Francisco, Salt Lake City, New York, Washington and in 2 other locations
San Francisco, CA, US (HQ)
PO Box 7775 #35278
Salt Lake City, UT, US
Salt Lake City
Amsterdam, NL
Muiderstraat 1
London, GB
New Penderel House , 4th Floor 283 - 288 High Holborn
Show all (6)

Plaid Financials and Metrics

Summary Metrics

Founding Date

2013

Plaid total Funding

$730.1 m

Time since last funding

a month ago

Plaid investors

Plaid's latest valuation is reported to be $13.5 b.
View all funding rounds

Plaid Revenue

Plaid's revenue was reported to be $170 m in Y, 2020 which is a 13.3% increase from the previous period.
USD

Revenue (Y, 2020)

170.0m

Revenue growth (Y, 2019 - Y, 2020), %

13.3%

Market valuation

13.5b
USDY, 2019EY, 2020

Revenue

150.0m170.0m

Revenue growth, %

13%
USDY, 2019

Revenue/Employee

455.5k
Show all financial metrics

Plaid Operating Metrics

Plaid's Customers was reported to be 2.6 k in Jan, 2020.
Jan, 2020Nov, 2020Apr, 2021Jun, 2021Jul, 2021

Countries

7777

Customers

2.6 k

Patents (US)

2577

Trademarks

435353
Show all operating metrics

Plaid Acquisitions / Subsidiaries

Company NameDateDeal Size
FlannelJune 15, 2021
QuovoJanuary 08, 2019$200 m
Plaid, B.V.
Plaid Financial Ltd

Plaid Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Plaid Online and Social Media Presence

Embed Graph

Plaid Company Culture

  • Overall Culture

    C+

    76/100

  • CEO Rating

    A+

    90/100

  • Compensation

    D+

    60/100

Learn more on Comparably

Plaid News and Updates

Astra Announces Partnership with Plaid to Enable Fintechs to Embed Automated Bank Transfers

SAN FRANCISCO--(BUSINESS WIRE)--Astra, a technology company that offers advanced bank-to-bank transfer solutions, today announced a formal partnership with Plaid, a data network powering the digital financial ecosystem, to offer an integrated solution for developers to easily enable programmatic mon…

Plaid Raises Additional Series D Funding Led By J.P. Morgan Private Capital, Amex

The fresh capital builds on Plaid’s $425 million Series D in April that upped the company’s valuation to $13.4 billion. That funding was led by Altimeter Capital, Silver Lake and Ribbit Capital, PYMNTS reported at the time

Plaid settles $58 million class action lawsuit

Plaid has settled a $58 million class action lawsuit over claims that the fintech firm passed on personal banking data to third party firms without user consent

NYMBUS Introduces Plaid Partnership

NYMBUS®, a leading provider of banking technology solutions, today announced a partnership with Plaid, a data network powering the digital financial ecosystem, to more instantly authenticate and fund customer bank accounts for financial institutions. With this integration, Nymbus bank and credit uni…

Plaid is hiring like crazy and investing big in a new portal giving consumers control of their financial data

The startup is launching Plaid Portal, a data control center for consumers. Users get a view of all the Plaid-powered data connections between apps and banks. They can see what kind of data apps are accessing, and turn those links on and off

Plaid Launches Capital One Open Finance Partnership

Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital One API.
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Plaid Blogs

Newsletter - December 2020

In this month’s newsletter, read about our latest product enhancements, upcoming events, and more. Product highlights Rolling out the all-new Plaid Link: On November 2, we began rolling out our latest version of Plaid Link. If you use the iOS SDK or React Native SDK on iOS, please ensure

Plaid and Jack Henry partner to enable Plaid Exchange for over 350 banks

A recent study by Capital One and the Decision Lab found that 77% of Americans experience anxiety due to their financial situation—an issue intensified by this year's pandemic and subsequent economic downturn. Consumers are increasingly turning to fintech to manage and improve their finances, which …

Plaid’s strategy to facilitate an API-based ecosystem

Reliable, secure access to consumer-permissioned data is the heartbeat of fintech. It’s what allows fintech services to help consumers save money, save time and reduce their financial stress. As a network that provides the financial account connections between consumers and fintech apps, we are cons…

How we Built Developer Efficiency at Plaid

For the longest time, Plaid was a company with just a few engineers primarily focusing on the product and execution. Everyone was working on the product to create as much of a direct customer impact as possible. As we grew to hundreds of engineers: teams depend on each other to

Plaid People: Nicole Butler

Nicole Butler joined our London office as the third UK/EU team member. Today the office is made up of nineteen Plaids (and counting!). In our latest Plaid People interview, Nicole discusses how an informal brainstorming session led her to Plaid and her approach to navigating the complex fintech regu…

Payroll data: The next frontier for fintech and open finance

Access to payroll data can unlock new applications and improve consumers’ financial lives. Learn more in our white paper.
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Plaid Frequently Asked Questions

  • When was Plaid founded?

    Plaid was founded in 2013.

  • Who are Plaid key executives?

    Plaid's key executives are Zach Perret, Eric Sager and William Hockey.

  • How many employees does Plaid have?

    Plaid has 872 employees.

  • What is Plaid revenue?

    Latest Plaid annual revenue is $170 m.

  • What is Plaid revenue per employee?

    Latest Plaid revenue per employee is $195 k.

  • Who are Plaid competitors?

    Competitors of Plaid include Akoya, Finicity and SynapseFI.

  • Where is Plaid headquarters?

    Plaid headquarters is located at PO Box 7775 #35278, San Francisco.

  • Where are Plaid offices?

    Plaid has offices in San Francisco, Salt Lake City, New York, Washington and in 2 other locations.

  • How many offices does Plaid have?

    Plaid has 6 offices.